ALGINOR ASA

Operating

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Alginor ASA is a marine biotech company committed to total utilisation of kelp through novel methods, making more than just alginates.

Bioraffinering og produksjon av ingredienser, formuleringer og ferdigprodukter, fangst og høsting, handel, markedsføring og distribusjon, innovasjon, forskning og utvikling relatert til makroalger og andre biomarine råvarer ved egen drift og investering eller gjennom samarbeid.

Foredling av biomarine råvarer.

Organization

CEO: PB
Peer Bjerkvig Lea1988
Chairman of the board: WK
Wenche Kjølås1962
Years since formation: 12 years; since Mar 27, 2014
Type: Public limited company
VAT registered: Yes
Number of employees: 13

Ownership

Number of shares and share classes: 47,152,976; 1 share class
Total number of shareholders: 608; 141 companies, 467 persons
Belongs to group of

Financials

Total operating income 2025: 2,980; NOK
Annual total result 2025: -917,069,412; NOK
Total equity 2025: 100,533,284; NOK

Last update: Sep 16, 2026

Management

Management / administration

Name	Role	Shares
PB Peer Bjerkvig Lea 1988	Managing Director/CEO	-

Board

Name	Role	Shares
WK Wenche Kjølås 1962	Chairman	-
KK Kristine Klaveness 1976	Board Member	-
PA Per Arthur Sørlie 1957	Board Member	-
SS Sten Stenersen 1988	Board Member	-
ML Martin Lersch 1976	Board Member	-

Others

Name	Role	Shares
C CEDRA NORGE AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
MT Must Trine 1971	-	12.07 % indirectly
CM Christian Must Erik 1973	-	12.02 % indirectly
HØ Hatteland Øystein 1992	-	2.11 % indirectly
HR Hatteland Ronny 1988	-	1.67 % indirectly
HS Hatteland Stig 1980	-	1.67 % indirectly
HT Hatteland Tommy 1990	-	1.66 % indirectly
HR Hatteland Randi 1978	-	1.66 % indirectly
HJ Hatteland Jakob 1951	-	1.63 % indirectly
MW Magnar Witzøe Gustav 1993	-	1.33 % indirectly

Last update: Sep 4, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
B BORREGAARD AS	Ordinary shares	19,662,625	41.7 %
M MUST INVEST AS	Ordinary shares	10,085,200	21.39 %
J JAKOB HATTELAND INVEST AS	Ordinary shares	5,458,031	11.58 %
K KVERVA INDUSTRIER AS	Ordinary shares	700,000	1.48 %
Z ZIRCONIA AS	Ordinary shares	418,040	0.89 %
H HELGØY PROPERTY HOLDING AS	Ordinary shares	348,674	0.74 %
A AMAR INVEST I AS	Ordinary shares	244,357	0.52 %
P PROFOND AS	Ordinary shares	239,110	0.51 %
V VALIDÉ AS	Ordinary shares	230,500	0.49 %
Ø ØYHATT AS	Ordinary shares	210,000	0.45 %
S STAVANGER KOMMUNE	Ordinary shares	186,030	0.39 %
S SAYONARA AS	Ordinary shares	183,170	0.39 %
V VALIDÉ INVEST I AS	Ordinary shares	180,000	0.38 %
P PERTINAX AS	Ordinary shares	161,278	0.34 %
N NORDVEGEN INVEST AS	Ordinary shares	124,000	0.26 %
E ERP PARTNER AS	Ordinary shares	109,226	0.23 %
J JEKTEVIKA AS	Ordinary shares	105,735	0.22 %
JR Jenshus Rune 1967	Ordinary shares	87,090	0.18 %
O ODLE INVEST AS	Ordinary shares	84,187	0.18 %
R RISANGER HOLDING AS	Ordinary shares	79,271	0.17 %
I IVAR A. JØRGENSEN AS	Ordinary shares	77,440	0.16 %
A ALPHABET AS	Ordinary shares	75,478	0.16 %
O OPSAHL VERDI AS	Ordinary shares	75,015	0.16 %
HØ Haugen Øyvind 1969	Ordinary shares	70,500	0.15 %
K KKN EQUITY AS	Ordinary shares	68,438	0.15 %
S STRATEGIC GARDEN AS	Ordinary shares	60,000	0.13 %
K KARMØY NÆRINGSFOND AS	Ordinary shares	55,000	0.12 %
TR Thormodsen Rein Kjetil 1979	Ordinary shares	52,500	0.11 %
G GUTFINSZKY AS Under liquidation	Ordinary shares	52,500	0.11 %
A AQUA METRICA AS	Ordinary shares	51,100	0.11 %
N NORDVEGEN INVEST III AS	Ordinary shares	50,096	0.11 %
E ELHATT AS	Ordinary shares	50,000	0.11 %
J JAWENDEL AS	Ordinary shares	47,899	0.1 %
HJ Heggelund Jan 1959	Ordinary shares	43,545	0.09 %
L LTG NORWAY AS	Ordinary shares	43,545	0.09 %
A ALU INVEST AS	Ordinary shares	43,000	0.09 %
BM Bune Mønness Morten 1980	Ordinary shares	41,368	0.09 %
F FROMSI INVEST AS	Ordinary shares	41,000	0.09 %
D DIVOT HOLDING AS	Ordinary shares	40,439	0.09 %
A ADELCRANZ AS	Ordinary shares	40,000	0.08 %
N NEWCONCEPTS AS	Ordinary shares	38,635	0.08 %
B BUKKEVIK INVESTERING AS	Ordinary shares	38,154	0.08 %
V VALIDÉ HAUGESUNDREGIONEN AS	Ordinary shares	38,000	0.08 %
B BALDER MANAGEMENT AS	Ordinary shares	37,500	0.08 %
S SANMAR EIENDOM AS	Ordinary shares	35,685	0.08 %
G GOBLE INVEST AS	Ordinary shares	35,500	0.08 %
A ANDERS OPSAHL HOLDING AS	Ordinary shares	33,330	0.07 %
W WILFRO INVEST AS	Ordinary shares	32,850	0.07 %
P PHK INVEST AS	Ordinary shares	32,606	0.07 %
T TRP AS	Ordinary shares	29,030	0.06 %
N NETTEFFEKT AS	Ordinary shares	27,250	0.06 %
P PUPILLA AS	Ordinary shares	26,500	0.06 %
B BIOMED CONSULTING AS	Ordinary shares	26,075	0.06 %
DM David Mosvold John 1959	Ordinary shares	25,000	0.05 %
GØ Gjerde Øyvind 1962	Ordinary shares	25,000	0.05 %
H HOLSTEIN INVEST AS	Ordinary shares	25,000	0.05 %
TJ Trygve Jenssen Knut 1969	Ordinary shares	24,675	0.05 %
SO Sunde Oddbjørn 1989	Ordinary shares	23,231	0.05 %
A A/S Katfos Fabrikker	Ordinary shares	21,772	0.05 %
F FINSNES INVEST AS	Ordinary shares	21,772	0.05 %
V VIKASTØL INVEST AS	Ordinary shares	21,772	0.05 %
TL Tveit Leon 1953	Ordinary shares	21,772	0.05 %
LI Løyning Ingvald 1956	Ordinary shares	21,500	0.05 %
B BELERIAND AS	Ordinary shares	20,393	0.04 %
BA Bjørlo Arne 1958	Ordinary shares	20,379	0.04 %
HL Hetland Laila 1966	Ordinary shares	20,250	0.04 %
H HCA MELBYE HOLDING AS	Ordinary shares	20,000	0.04 %
P PALATINER AS	Ordinary shares	20,000	0.04 %
JT Jørgensen Terje 1954	Ordinary shares	20,000	0.04 %
CF Christopher Fasting Espen 1969	Ordinary shares	19,971	0.04 %
SB Siverts Bendik 1963	Ordinary shares	18,850	0.04 %
S SVAS SVALLAND AS	Ordinary shares	18,500	0.04 %
SS Støle Sandra 1986	Ordinary shares	18,340	0.04 %
KS Kristen Sande Kristoffersen Helge 1956	Ordinary shares	18,000	0.04 %
IG Imingen Geir 1966	Ordinary shares	17,728	0.04 %
NK Normann Krøtø Øystein 1983	Ordinary shares	17,418	0.04 %
EP Endsjø Per-Christian 1941	Ordinary shares	17,250	0.04 %
TS Tjærebråten Søhagen Ole-Edvin 1989	Ordinary shares	16,402	0.03 %
HØ Håkon Østebrød Einar 1959	Ordinary shares	15,966	0.03 %
D DALAI AS	Ordinary shares	15,966	0.03 %
KG Kopplin Georg 1987	Ordinary shares	15,920	0.03 %
BØ Bruvik Øvregård Astrid 1993	Ordinary shares	15,885	0.03 %
C C. EMTOR EIENDOM AS	Ordinary shares	15,714	0.03 %
GE Gundersen Elisabeth 1955	Ordinary shares	15,000	0.03 %
AE Arne Ekornsæter Kjell 1956	Ordinary shares	14,515	0.03 %
GG Gripsrud Geir 1946	Ordinary shares	14,515	0.03 %
KK Kristian Kihle Attramadal Anders 1981	Ordinary shares	14,515	0.03 %
AK Arild Knudsen Dag 1953	Ordinary shares	14,515	0.03 %
BB Bjørn Bartholsen Ove 1966	Ordinary shares	14,515	0.03 %
LT Lien Trond 1957	Ordinary shares	14,300	0.03 %
ME Martin Evjen Sigurd 1968	Ordinary shares	14,060	0.03 %
WH Wall Håvard 1977	Ordinary shares	13,750	0.03 %
B BALDEVIN INVEST AS	Ordinary shares	13,689	0.03 %
SF Skjelbreid Fosse Pål 1983	Ordinary shares	12,918	0.03 %
A ACERTA AS	Ordinary shares	12,600	0.03 %
WT Wangen Tore 1960	Ordinary shares	12,600	0.03 %
S SUNN INVESTERING LTD NUF	Ordinary shares	12,600	0.03 %
T TADA HOLDING AS	Ordinary shares	12,600	0.03 %
IS Ikeda Steinnes Mats 1977	Ordinary shares	12,500	0.03 %
GI Gjerde Isak 2000	Ordinary shares	12,500	0.03 %

Shares owned by the ALGINOR ASA

Name	Share class	Total number of shares	Share
O OEWA AS	Ordinary shares	1,000,000	100 %
H HYPOMAR AS	Ordinary shares	3,500,000	100 %
A ALGINOR BIOREFINERY AS	Ordinary shares	500,000	100 %
A ALGINOR INDUSTRIAL ESTATE AS	Ordinary shares	1,000,000	100 %
A ALGINOR PHARMA INGREDIENTS AS	Ordinary shares	100,000	100 %
H HUSØYVEGEN 276 AS	Ordinary shares	300	100 %
X X GAS AS	Ordinary shares	2,400	0.66 %
A ALGINOR ASA	Ordinary shares	7,200	0.02 %

Last update: Sep 25, 2026

Group structure

ALGINOR ASA
Total operating income 2025: NOK 2,980
Operating profit 2025: NOK -228,284,008
Employees: 13

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	2,980	164,359	0	0	689,406
Annual Total Result	-917,069,412	-39,854,894	-25,570,072	-12,753,778	-10,820,294
Total assets	840,850,486	948,448,774	535,345,444	411,439,595	424,689,513
Total liabilities	740,317,203	80,205,357	39,505,988	14,657,435	20,377,761
Total equity	100,533,284	868,243,417	495,839,456	396,782,160	404,311,751

P&L

Year	2025	2024	2023	2022	2021
Total operating income	2,980	164,359	0	0	689,406
Total operating costs	228,286,988	44,594,131	26,167,930	13,533,956	11,648,664
Operating result	-228,284,008	-44,429,772	-26,167,930	-13,533,956	-10,959,258
Financial income/costs	-688,785,404	4,574,878	597,858	780,178	138,964
Profit before tax	-917,069,412	-39,854,894	-25,570,072	-12,753,778	-10,820,294
Total tax & extraordinary income/cost	0	0	0	0	0
Annual Total Result	-917,069,412	-39,854,894	-25,570,072	-12,753,778	-10,820,294

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	184,436,970	471,216,456	388,991,676	366,750,478	309,756,756
Total current assets	656,413,516	477,232,318	146,353,768	44,689,117	114,932,757
Total assets	840,850,486	948,448,774	535,345,444	411,439,595	424,689,513
Short term debt	629,156,119	44,577,324	11,244,733	10,427,279	18,000,550
Long term debt	111,161,084	35,628,033	28,261,255	4,230,156	2,377,211
Total liabilities	740,317,203	80,205,357	39,505,988	14,657,435	20,377,761
Contributed capital	100,533,284	868,243,417	495,839,456	396,782,160	404,311,751
Retained earnings	0	0	0	0	0
Total equity	100,533,284	868,243,417	495,839,456	396,782,160	404,311,751
Total equity and liabilities	840,850,487	948,448,774	535,345,444	411,439,595	424,689,512

Classification

21st company classification

BETA

Small company

Type of organization

Public limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

Standard industrial classification

ALGINOR ASA913 422 082

ALGINOR ASA

Links

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the ALGINOR ASA

Group structure

Financials

Summary

P&L

Balance overview

Classification